NOT LISTED FOR SALE

8585 Cedar Lake Blvd Faribault, MN 55021

Estimated Value: $625,347 - $825,000

5 Beds
3.5 Baths
3,985 Sq Ft
$178/Sq Ft Est. Value

Last Sold January 28, 2014

Last sale price $345,000 $87 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,081/month

17 Days on Market

Highlights

  • Deck
  • Whirlpool Bathtub
  • Porch
  • Vaulted Ceiling
  • Fenced Yard
  • 3 Car Attached Garage

About This Home

As of January 2014

Country home with log siding, vaulted ceilings, loft with built in window seat/library. Tiled flooring, Silestone counters, splendid views of wildlife and vegetations. Addition in 2009 (2 levels).

Last Agent to Sell the Property

Nancy Barr

Edina Realty, Inc. Listed on: 12/24/2013

Last Buyer's Agent

Nancy Barr

Edina Realty, Inc. Listed on: 12/24/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,271

Year Built

  • Built in 2002

Lot Details

  • 2.9 Acre Lot
  • Property fronts a county road
  • Fenced Yard
  • Irregular Lot
  • Many Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drain
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Private Water Source
  • Water Softener Leased

Listing and Financial Details

  • Assessor Parcel Number 0926200004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,271

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Gravel, Fenced Yard - Full, Patio, Porch
  • Estimated Number of Acres: 2.9
  • Assessment Balance: 63
  • Construction: Previously Owned
  • Foundation Size: 1900
  • Mechanicals: Furnace Humidifier, Water Softener-Rented
  • Parcel Number: 0926200004
  • Projected Closed Date: 01/28/2014
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Boulevard
  • Taxes With Assessments: 2334
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: Full Basement, Main Floor 1/2 Bath, Main Floor Full Bath, Private Master, Whirlpool
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Room 1: Living Room, 17x25, On Level: Main
  • Room 2: Dining Room, 12x12, On Level: Main
  • Room 3: Family Room, 21x16, On Level: Lower
  • Room 4: Kitchen, 12x13, On Level: Main
  • Room 5: Bedroom, 20x15, On Level: Main
  • Room 6: Bedroom, 10x15, On Level: Main
  • Room 7: 10x15, On Level: Main
  • Room 8: Bedroom, 17x13, On Level: Lower
  • Room 9: Loft, 23x15, On Level: Upper
  • Room 10: Laundry Room, 10x8, On Level: Lower
  • Room 11: Other, 12x8, On Level: Main
  • Room 12: Mud Room, 5x8, On Level: Main
  • Room 13: Patio, 22x8, On Level: Lower
  • Room 14: Deck, 121x7, On Level: Upper
  • Basement Features: Drainage System, Egress Windows, Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2285
  • Below Grade Finished Sq Ft: 1700
  • Total Fin Square Footage: 3985

Exterior Features

  • Frontage Road: County
  • Exterior: Log, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Water: Private

Schools

  • School District: Faribault #656

Lot Info

  • Estimated Lot Dimensions: 2.9 Acres
  • Lot/Land Description: Irregular Lot, Tree Coverage - Heavy

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2013
  • Tax Value: 2271

MLS Schools

  • School District: Faribault #656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2013
Closed on
Jan 13, 2014
Sold by
Shank Randall A and Suggs Trudy R
Bought by
Vinar Vance G
Seller's Agent
Nancy Barr
Edina Realty, Inc.
Buyer's Agent
Nancy Barr
Edina Realty, Inc.
List Price
$360,000
Sold Price
$345,000
Premium/Discount to List
-$15,000
-4.17%
Current Estimated Value
$711,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,087
Avg. Annual Appreciation
6.35%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vinar Vance G $345,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2014 01/28/14 Sold $345,000 -4.2% $87 / Sq Ft
01/10/2014 01/10/14 Pending -- -- --
12/24/2013 12/24/13 For Sale $360,000 -- $90 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,218 $548,900 $105,000 $443,900
2024 $4,218 $500,000 $91,300 $408,700
2023 $3,650 $500,000 $91,300 $408,700
2022 $3,410 $451,000 $80,500 $370,500
2021 $3,080 $396,000 $71,300 $324,700
2020 $2,846 $357,200 $68,800 $288,400
2019 $2,702 $340,600 $68,800 $271,800
2018 $42 $325,600 $68,800 $256,800
2017 $2,620 $293,100 $68,800 $224,300
2016 $2,686 $281,300 $68,800 $212,500
2015 $2,356 $281,400 $68,800 $212,600
2014 -- $266,500 $68,800 $197,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4566675

REALTOR® Association of Southern Minnesota

APN: 09.26.2.00.004